The OPEC MOMR provides a detailed analysis of oil market developments, including oil supply and demand levels, and trends in the world economy.

The OPEC Monthly Oil Market Report (MOMR) covers major issues affecting the world oil market and provides an outlook for crude oil market developments for the coming year. The report …

OPEC’s World Oil Outlook (WOO) is part of the Organization’s commitment to market stability. The publication is a means to highlight and further the understanding of the many possible …

Jan 11, 2024 · The new OPEC Reference Basket (ORB) Introduced on 16 June 2005, is currently made up of the following: Saharan Blend (Algeria), Djeno (Congo), Zafiro (Equatorial Guinea), …

The Organization of the Petroleum Exporting Countries (OPEC) was founded in Baghdad, Iraq, with the signing of an agreement in September 1960 by five countries namely Islamic Republic …

OPEC is a permanent intergovernmental organization of 12 oil-exporting developing nations that coordinates and unifies the petroleum policies of its Member Countries.

According to current estimates, 79.1% (1,241.33 billion barrels) of the world's proven crude oil reserves are located in OPEC Member Countries, with the bulk of OPEC oil reserves in the …

Libya's first productive oil well was struck in 1959 at Amal and Zelten, now known as Nasser. The country began exporting oil in 1961. Below data covers 2023

OPEC’s World Oil Outlook 2024 to be launched in Rio de Janeiro on 24 September. 10 Sep 2024 | Vienna, Austria, 10 September 2024--The Organization of the Petroleum Exporting Countries …

Sharing borders with three other OPEC Member Countries – the Islamic Republic of Iran, Kuwait and Saudi Arabia – Iraq covers an area of around 438 thousand square kilometres. It has a …